Member Info for MattTheBrave

Looks like Mothae acquisition is toast (can't blame Lucara for that) but perhaps some crumbs of comfort re financing for Lemphane. Still a very uncertain situation though.....

.....stocks down more than 10% now on Google Finance. Don't think I've ever seen a stock fall so much on no news as this one has since October - astonishing! Or have I missed something?

Agreed - looks good. Also contains that magic phrase 'earnings enhancing in the first year'. One thing though - it's not clear to me that the placing is actually done as presumably they'll need permission from shareholders to proceed? However, I assume the buyers have been identified, and the issue is underwritten by the advisers anyway.

Fingers crossed mate......the length of time suggests that the deal is probably on - I think we're well past initial due diligence here, but getting into the nitty-gritty of the deal itself. Difficult to tell what the share price reaction will be, but it will be nice to have a tradable asset again!!!

Growth and cash flow credentials re-affirmed in today's RNS and a lovely 10% increase in the stock. Just assuming EPS in H2 is the same as H1 puts the stock on around 14x earnings which is too cheap for 15-20% growth with good visibility. My price target would £20 over the next 12 months.

We could call it 'You aven't got a clue-do'. Boom boom.

Heading towards 2 months now - LO, you were right. I think some form of update now would be helpful?

Yes, I wondered where Major Error had got to. Thought perhaps he was hanging out with Captain Cock-up and General Mistake....;))

Still not sure why you're filling this and other Boards up with loads of useless information copied and pasted from a host of (frankly useless) sites. Sorry, but filtering you is the only option until you actually want to give opinions and add to the debate.

Sounds like you hate capitalism JS, yet you've posted more than 18k times on this Board regarding an institution (the stock market) which totally embodies it!....Trying to bring it down from within , eh..? ;)) I do have some sympathy with your Principal/Agents issue, although given that us and the bdo surely would surely like a higher stock price than this, I think we're probably aligned for the next 100% rise or so.........

But I'm still confused as to your point. if you're saying that the management will woefully imprudent and try and boost perceived earnings which would then not be consistent with real cash flow I'd understand you, but your earlier posts seem to imply the opposite, ie they'll be too prudent, which for me, isn't such a bad thing, and if they've already done this, then the stock is cheaper than we think! On a related point , I realize that your (sole?) focus tends to be on free cash flow, which for a mature business makes sense. However, for a growth business (and I realize we can debate whether Vislink is one!) you actually want a company to be reinvesting cash flow back into the business/making acquisitions etc which necessary means FCF is low - I really don't have a problem with this. Better that they reinvest at a superior ROCE than give it out as dividends. That said, I note the VLK did actually raise it's divi this year which seems a fairly confident statement from the management on CFs?

I'd be interested to understand your first sentence. Why would a ratio of price per share divided by net earnings per share not be relevant to a shareholder? Usually, where high investments are made, depreciation and intangibles pulls down earnings and hides the true earnings power of the underlying business. In this case, a PE actually understates a company's undervaluation BTW, I recall you being similarly negative about RGS at 140p........

No disrespect, but we can all go on google and find this stuff - you can stop copying and pasting it. If you have an opinion on the stock, then let's hear it. I've traded in and out of this stock a lot over the past 5 years which has worked well, and previously have always sold above £15. However, I do think this firm has moved from a fledging fickle fashion concept to a proper fashion retailer with a great brand and genuine growth potential. I wouldn't consider it a screaming buy with a PE in the highish 20s, but a solid hold at these levels.

...we have a pretty concerted seller in the market today, as there was on Friday. I expect to see a holding RNS before too long which shows a big holder has reduced their position. Clearly some uncertainties and disappointment over the latest figures, as well as some general unease about the current management. That said, I think they have some solid products, and a generally coherent strategy, and the single digit PE suggests real value at this level.

I don't think you can blame PIs for letting off some steam and sending some flak PMs way. After all, he's the reason most invested and he has let investors down with some very optimistic views. Even if he pulls this one out of the fire, he's still given PIs a nasty ride.

What a great stock this is. Well managed, nice business model, good acquisitions, and above all, consistent growth. Oh, if only all my holdings were like this!!

Thanks Johnny, appreciate that. There is of course still hope, but we need also need to brace ourselves for the worst outcome here. I'm afraid mining stocks with no revenues and non-finalised funding was never going to be low risk, but posts pointing that out were never well received by others on this Board. That said , I still thought this was a good risk-adjusted play, and I'm happy to admit I stand to lose some money if it goes under. GLA - we're probably going to need

We'll see.....

Not suspended, but yes, the posts have been deleted as you say. I realize I can rightly be accused of going off-topic, but seems like a reasonable question for me to ask given the site's rules....

Not during a stock suspension when the company is fighting for its life they don't. This feels like extremely bad news.